A Study on Adoption of Employee Welfare Schemes in Industrial and Service Organisations: In Contrast with Public and Private Sectors

A Study on Adoption of Employee Welfare Schemes in Industrial and Service Organisations: In Contrast with Public and Private Sectors

Chandra Sekhar Patro (Department of Management Studies, GVP College of Engineering (Autonomous), Visakhapatnam, India)
Copyright: © 2016 |Pages: 18
DOI: 10.4018/IJSSMET.2016040102

Abstract

During the past few years practicing employee welfare schemes has become a key factor for the overall growth and development of any organisation. Organizations provide welfare facilities to their employees to keep their motivation levels high. Employees' welfare is essential for any organisation, as they shed the blood for achieving the objectives and goals of the organisation. The welfare schemes improve the organisational relations and also enhance the productivity of the employees. The main aim of implementing the welfare measures in any organisation is to secure the labour force by providing proper working conditions and minimizing its hazardous effect on the life of the employees and their family members. A study was undertaken to know the various welfare schemes adopted by the industrial and service organisations and its influence on the employee's productivity in both public and private sectors.
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Employee Welfare Schemes

In the recent years implementing necessary employee welfare schemes have become a key factor for the overall growth and development of any organization. The organisations provide welfare measures to their employees to increase their efficiency and reduce the absenteeism. Voluntary efforts for the welfare of the employees by the management may reduce the thought of government and others parties intervention in future. The employee welfare schemes can be classified into two categories viz., statutory and non-statutory welfare measures.

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